Monday, February 24, 2025
Market Overview
- The Indian stock market ended last week at its lowest level since July last year.
- FIIs have been continuously selling Indian equities. Totaling more than ₹1 lakh crore in outflows for 2025.
- The BSE Sensex fell by 424.90 points, closing at 75,311.06.
- The Nifty 50 index dropped 117.25 points, ending at 22,795.90.
Key Factors Influencing the Market
- Global Trade Concerns: Ongoing worries about U.S. tariffs are affecting investor confidence.
- Foreign Investment Outflows: Foreign Portfolio Investors (FPIs) have withdrawn over ₹23,710 crore from Indian equities in February, totaling more than ₹1 lakh crore in outflows for 2025.
- Interest Rate Speculation: The U.S. Federal Reserve’s recent statements suggest that higher interest rates may persist, which could impact liquidity in emerging markets like India.
Technical Insights
- The Nifty 50 is making Lower Lows on Weekly chart, showing bearish sentiment in the market.
- Nifty formed a Bearish flag on daily chart, bottoming at the level of 22,720.
- Opening or breakdown below 22,700 could trigger stop-loss orders of buyers who accumulated in the 22,750-22,850 range, leading to further downside pressure.
- Technical Analysis suggest further crucial support at around 22,500 and 22,000.
Stocks in Focus
- Godrej Industries: Experienced significant trading activity last week.
- Vodafone Idea: Also saw heavy trading volumes.
- Mahindra & Mahindra: Notable movements observed in stock performance.
Looking Ahead
- Stay cash at these levels. Further fall is anticipated below 22700. Market is already making Lower Lows on Higher Time frames.
- Stay informed about global economic developments, especially related to trade policies and interest rates.
- Monitoring FPI activity can provide insights into market trends.
Stay Informed with Market Mint and trade responsibly.
-Team Market Mint
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*Note: This newsletter is not a financial advice in any form. It’s only for discussion and information purposes. All views mentioned are solely of the author and should not be considered any kind of buy/sell advice. Consider discussing with your Financial Advisor before investing.*
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